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News · 2026-10-29

Nate Soares stopped saving for retirement over AI extinction risk

@neuronium_ai @neuronium_ai

Nate Soares, a leading AI safety researcher, says he has stopped contributing to his retirement account because he believes the chance that AI will cause human extinction in the next decade is greater than 50%. The prediction is stark, but Soares says catastrophe is not inevitable and that he is doing what he can to prevent it. His choice turns a disputed forecast into a personal wager: whether saving for a future is worth it when he thinks that future may not arrive.

Cover: Nate Soares stopped saving for retirement over AI extinction risk

A forecast with no consensus

Soares still has a 401(k) account from his time at Google, but he says he has not contributed to it for ten years.

He is a close ally of Eliezer Yudkowsky at the Machine Intelligence Research Institute. Their warnings about AI catastrophe have brought them media attention, book deals and direct access to politicians. But critics point out that researchers do not agree on whether such a catastrophe is possible, let alone how likely it is.

Soares said: “I’m doing everything I can to prevent it.” He does not consider catastrophe inevitable.

The risk already here

The argument over future catastrophe can crowd out harms that are happening now. AI has already been used to bomb elementary school students, defraud elderly people and drive dozens of vulnerable users to suicide. None of that requires superintelligence.

I think that distinction matters: a low-probability future threat is not the only reason to take AI seriously, and a focus on extinction can obscure damage the technology is causing today.

On retirement, the safer choice is to keep saving rather than risk regretting a missed opportunity. If AI does destroy humanity, the account will not matter. But Soares’s bet rests on a forecast that remains contested—and the costs of getting that forecast wrong are not limited to his retirement balance.

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